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At the Democratic National Convention, former First Lady Michelle Obama made a point that is relevant to both parties: If policymakers do not take bold and transformative action, trends can and will get worse.

Initiative Aims to Strengthen Social Insurance, Promote Broadly Shared Prosperity, Set the Record Straight on Federal Spending

New York — Demos and The Century Foundation today launched an initiative to strengthen social insurance programs and develop a roadmap for a fair and responsible federal budget. The project gets underway as the White House prepares for its February 23 "Fiscal Responsibility Summit."

3 out of 4 senior households lack the economic security needed to sustain them through their lives, according to new study

New York, NY — Older Americans have experienced huge, negative financial shifts that now make it more difficult to enter retirement with sustainable economic security, a new study finds. Seventy-eight percent of all senior households are financially vulnerable when it comes to their ability to meet essential expenses and cover projected costs over their lifetimes.

Demos Calls for Swifter Action As Issuers Continue to Slash Credit Limits and Ratchet Up Interest Rates and Fees

Amazon has cashed in on the COVID economy, enjoying surging sales and a soaring stock price.

If we are to survive this crisis—and imagine a more equitable, dynamic economy to come, we must start with a recommitment to the value of universal, inclusive public infrastructure.

A New Look at Wealth in the United States

New York, NY — The 2008 presidential campaign ended with a sharp moral debate about "spreading the wealth" in the United States. With national concern about a barrage of bad economic news--from the financial meltdown on Wall Street to the near-bankruptcy of the American auto-industry — which, coupled with bailouts and controversial tax plans proposed by the new Administration, have moved the issue of wealth distribution to the forefront of public debate.

Now is the perfect time to talk about the federal government making a firm, durable guarantee of free or affordable college to all students.

Washington, DC — The need for our nation to rebuild the middle class — the real engine of our economy — was completely overlooked in the new job-killing recommendations from the National Commission on Fiscal Responsibility and Reform earlier today. Tamara Draut, Vice President of Policy and Programs at Demos responded with the following statement.

Washington DC — House Speaker Nancy Pelosi has appointed Stephen B. Heintz to serve on the newly created Commission on Key National Indicators.

Washington, DC — The need for our nation to rebuild the middle class-the real engine of our economy-was completely overlooked in the new job-killing recommendations from the National Commission on Fiscal Responsibility and Reform earlier today. Tamara Draut, Vice President of Policy and Programs at Demos responded with the following statement.

The marquee bill, which features improvements to voting, campaign finance, and ethics laws, addresses the deep political, racial, and economic inequalities that plague our democracy. 

Here we see the trick to undermining any universalistic program: creating an “us against them” narrative.

Washington, DC — A collaborative effort of The Century Foundation, Demos and the Economic Policy Institute (EPI), Our Fiscal Security today released Investing in America’s Economy: A Budget Blueprint for Economic

The most accurate threshold to enter the rarefied top 1% of wealthholders, $7,880,400, is almost three times as high as the Census estimates. 

The new IRS report on the "tax gap" is a good news, bad news story -- although mostly bad news.

Wallace Turbeville on his time at Goldman Sachs, working with the city of Detroit, and the reality of the crisis that brought about TARP.